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Guyana's Oil Future in Question | Guyana News
Guyana’s oil boom is hitting a bump: Liza One’s production has dropped below target, sparking debate over long-term profits and strategic planning. While VP Jagdeo frames dips as natural, critics like Glenn Lall and Winston Jordan warn Guyana’s share—already cut by ExxonMobil’s early take—is shrinking even further as output declines. With new projects rushing online without safeguards, fears grow that Guyana could end up with “crumbs” of revenue—or worse, face financial peril if prices crash while production surges. The nation’s future hinges on balancing short-term gains with long-term…
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